Rumors that emerged this week that Vivendi is considering a major reorganization/break up were widespread enough that the company has come out and denied the reports. Here's their reaction to speculation that they would spin off their music and game (Activision Blizzard) divisions into a separate company:

"Vivendi learned with stupefaction of the claims made by Bloomberg in a story published tonight about its strategy," a Vivendi spokesman said. "Vivendi vigorously denies all the assertions in the story, which are unfounded and based on anonymous sources."